• @Knock_Knock_Lemmy_In
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    16 months ago

    Agreed. Because they can’t provide enough power to prove the required work.

    • Victoria Antoinette
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      16 months ago

      i think you read a word that isn’t there. the work of generating a nonce, hashing the header, and checking for leading zeroes can certainly be done by a raspberry pi in under the 10 minute block time.

      • @Knock_Knock_Lemmy_In
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        16 months ago

        A raspberry pi could verify a bitcoin block. It is EXTREMELY unlikely to find the next block.

          • @Knock_Knock_Lemmy_In
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            16 months ago

            A hash rate that requires 170TWh of electricity. There are no scenarios where this drops more than 99%, except for the destruction of bitcoin.